INTchain INT

Rank #2651

$ 0.00031610

INTchain Price (INT)

INTchain to USD Price Chart

Has the price of INTchain (INT) increased today?

As of this moment, the current price of INTchain (INT) is $ 0.00031610, having increased by +0.00% in the past 24 hours.

What is INTchain (INT)?

INTchain, often abbreviated as INT, is an innovative bottom-up blockchain of things (BoT) designed explicitly for the Internet of Things (IoT). The INTchain platform aims to become the IoT communication standard, a base application platform, and a thriving DeFi ecosystem. Primarily, INT enables easy integration with any IoT protocol, positioning itself as the foundation of IoT infrastructure within the broader blockchain ecosystem.

Who created INTchain (INT)?

INTchain is a creation of the INT Foundation, which harnesses the collective expertise of a highly experienced team. This group has a proven track record of working with renowned tech giants, primarily in Asia. They are invested in translating this rich experience into developing an efficient and secure IoT-focused blockchain platform.

How does INTchain work?

INTchain's primary function is to establish a decentralized network infrastructure for IoT devices. It achieves this by utilizing cutting-edge technology, which can comfortably handle over 4000 transactions per second (TPS). This level of scalability is brought about by IPBFT (Improved Practical Byzantine Fault Tolerance) consensus, an advanced protocol designed for high-performance systems and massive data transactions.

Moreover, users' privacy on the INT network is heightened further through the integration of zero-knowledge proofs, a cryptographic technique that allows one party to prove to another that they know a specific piece of information without revealing any details about that information.

For validator selection, INTchain uses Verifiable Random Function (VRF) to derive security from randomness. This makes the system fear and secure as it prevents the prediction of the next validator.

INTchain's ecosystem also features decentralized finance (DeFi) solutions and services, enabling users to engage in a variety of financial activities on the platform.

How does the tokenomics of INTchain work?

The INTchain platform has its native utility token, INT. Its tokenomics is designed to encourage community engagement through staking and voting mechanisms. The goal is to stimulate active participation in supporting community activities, thereby fostering a robust and dynamic community-focused platform.

What Makes INTchain Unique?

INTchain stands out for its profound dedication to IoT within the blockchain space. With its IoT communication standard, base application platform, and DeFi ecosystem, it forms a beacon of hope for easy integration across various IoT protocols.

Its impressive infrastructure, capable of conducting over 4000+ TPS, along with an array of tech instruments such as IPBFT consensus, zero-knowledge proofs for user privacy, VRF validator selection, and DeFi platform, INTchain strives to deliver a fully packaged solution for a resilient IoT network.

Furthermore, INTchain's commitment to a participatory platform, with tokenomics that encourage community staking and voting, makes it a strongly inclusive technology.

What are some key technical features of INTchain?

The INTchain platform provides a robust technical infrastructure that includes:

  • 4000+ transactions per second (TPS) transaction capability

  • Improved Practical Byzantine Fault Tolerance (IPBFT) consensus

  • Zero-knowledge proofs to maximize users' privacy

  • Verifiable Random Function (VRF) for validator selection

  • A thriving DeFi ecosystem

  • IoT connectivity

Moreover, INTchain has obtained the BSN developer certification, a highly regarded accreditation in the blockchain sphere.

How much INTchain is in circulation?

At the current time, there is a total of 934.0M INT tokens in existence, with a circulating supply of 854.2M tokens.

Where can you buy INTchain (INT)?

Currently, INTchain tokens can be purchased on a variety of digital currency exchanges. For a comprehensive list of exchanges where INTchain is listed, refer to the OKEx, Bitfinex. Please remember that it's crucial to carry out sufficient research and exercise caution when trading or investing in cryptocurrencies.

How can you keep your INTchain (INT) safe?

When dealing with cryptocurrencies like INTchain (INT), ensuring the security of your digital assets should be a top priority. It's best to store your INT tokens in a wallet where you control the private keys. Avoid sharing your private keys or sensitive information with others and be wary of phishing scams. Regularly update your wallet software to benefit from the latest security features. Always remember to double-check addresses when sending or receiving funds.

View similar coins

Crypto Pro - Crypto Tracker

Try our Crypto Pro app

Live Prices, Widgets, Alerts, Portfolio, Apple Watch app